Accompanying the bank statement was a debit memo for bank service charges. On the bank reconciliation, the item is

A) a deduction from the balance per company's records
B) an addition to the balance per bank statement
C) a deduction from the balance per bank statement
D) an addition to the balance per company's records


A

Business

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Which of the following statements best describes the act of collusion?

A) Collusion is caused by an overstatement of ending inventory. B) Collusion is an intentional act of two or more employees to accomplish theft of company assets. C) Collusion is one of the necessary outcomes of a system of internal control over financial reporting. D) Collusion is enhanced by an effective system of independent reconciliations and other checks on recorded amounts.

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The power to investigate and prosecute possible violations of statutes, administrative rules, and administrative orders is the judicial power granted to administrative agencies

Indicate whether the statement is true or false

Business

Which of the following is the best advice to follow for a cover message accompanying a résumé sent by e-mail or fax?

A) Take the time to prepare a customized cover message to accompany your résumé sent electronically. B) Send your cover message separately from a faxed or e-mailed résumé. C) Shorten your e-mail or fax cover message to a brief statement such as Please consider the attached résumé for your opening. D) Skip the cover message entirely because the fax or e-mail includes your name.

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Fortunately for the international worker, nonverbal communication signals tend to be the same from one country to another

Indicate whether the statement is true or false.

Business